The Democrats’ victory in the midterm elections could strongly benefit the country’s largest hospital groups. Democratic lawmakers are expected to revisit Medicaid funding cuts and extend the enhanced tax credits that made the ACA more affordable. Community Health Systems’ stock CYH rose 13.4% on Wednesday morning, while HCA Healthcare, Tenet Healthcare, and Universal Health Services each gained more than 7%. Together, these companies operate more than 300 hospitals across the United States, increasing their exposure to decisions by the incoming administration.
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